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Explanatory memorandum to Notifications No. 02/2019- Central Excise to 06/2019-Central Excise all dated 6th July 2019: –
S. No. | Notification No. | Description |
1. | Notification No. 02/2019-Central Excise dated 6th July 2019 | Seeks to further amend notification No. 11/2017-Central Excise dated 30th June 2017 so as to omit an entry with respect to chapter 24. |
2. | Notification No. 03/2019- Central Excise dated 6th July 2019 | Seeks to increase the basic excise duty on specified goods in chapter 24 under section 5A of the Central Excise Act 1944. |
3. | Notification No. 04/2019- Central Excise dated 6th July 2019 | Seeks to increase the effective rate of Road and Infrastructure Cess as additional duty of excise on Petrol and Diesel. |
4. | Notification No. 05/2019- Central Excise dated 6th July 2019 | Seeks to increase the effective rate of Special Additional Excise Duty on Petrol and Diesel. |
5. | Notification No. 06/2019- Central Excise dated 6th July 2019 | Seeks to exempt crude petroleum oil produced in specified oil fields under production sharing contracts or in the exploration blocks offered under the New Exploration Licensing Policy (NELP) through international competitive bidding. |
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